Nifty Infrastructure Q2 FY27 results: net profit up 50.7%

Key Highlights
Nifty Infrastructure Q2 FY27 results show a combined net profit of ₹87,408 crore. The combined revenue for the 18 reporting companies is 27.50% higher.
Updated: Saturday 31 October 2026
- 18 companies of the 31 in the Nifty Infrastructure index have reported Q2 FY27 results.
- Combined net profit: ₹87,408 crore, 50.65% higher than a year earlier.
- Combined revenue: ₹11,31,113 crore, 27.50% higher than a year earlier.
- Net profit margin: 7.73% (6.54% a year earlier).
- 13 companies still to report.
The Nifty Infrastructure Q2 FY27 results show 18 companies reported a combined net profit of ₹87,408 crore, which is 50.65% higher than a year earlier. These same companies reported a combined revenue of ₹11,31,113 crore, 27.50% higher than the same period last year.
Nifty Infrastructure Q2 FY27 results: the combined numbers
| Q2 FY27 | A year earlier | Change | Companies | |
|---|---|---|---|---|
| from operations | 11,31,113 | 8,87,122 | +27.50% | 18 |
| Net profit | 87,408 | 58,019 | +50.65% | 18 |
| Net profit margin | 7.73% | 6.54% | +1.19 pts | 18 |
Combined figures add the companies that reported both the quarter and the same quarter a year earlier, so they compare like with like. A company that has not reported is not in them.
The combined net profit margin for these 18 companies reached 7.73% compared to 6.54% a year earlier. Net profit was higher in most of the companies and lower in fewer than half of the companies, with 18 companies reporting.

Nifty Infrastructure companies that have reported Q2 FY27
| Company | Revenue from operations | Net profit | Revenue from operations change | Net profit change | Net profit margin | Basis |
|---|---|---|---|---|---|---|
| Reliance | 3,32,861 | 29,550 | +28.57% | +33.76% | 8.88% | consolidated |
| Indian Oil | 2,68,039 | 22,503 | +29.83% | +174.73% | 8.40% | consolidated |
| Adani Power | 19,439 | 7,019 | +44.45% | +141.51% | 36.11% | consolidated |
| Larsen & Toubro | 78,750 | 5,949 | +15.84% | +27.17% | 7.55% | consolidated |
| Bharat Petroleum | 1,57,818 | 4,863 | +29.78% | −21.46% | 3.08% | consolidated |
| GAIL (India) | 47,301 | 4,724 | +32.65% | +137.53% | 9.99% | consolidated |
| ADANIPORTS | 11,340 | 3,682 | +23.70% | +18.02% | 32.47% | consolidated |
| Hindustan Petroleum | 1,39,114 | 3,625 | +26.01% | −6.07% | 2.61% | consolidated |
| Indus Towers | 8,516 | 1,793 | +4.00% | −2.53% | 21.05% | consolidated |
| Ultratech Cement | 23,295 | 1,501 | +18.81% | +21.28% | 6.45% | consolidated |
| DLF | 1,261 | 1,301 | −23.28% | +10.28% | 103.23% | consolidated |
| Adani Green Energy | 4,258 | 747 | +41.56% | +15.99% | 17.54% | consolidated |
| GE Vernova T&D India | 2,027 | 431 | +31.75% | +44.05% | 21.28% | standalone |
| Max Healthcare Institute | 2,569 | 414 | +20.31% | −15.64% | 16.13% | consolidated |
| CGPOWER | 3,802 | 409 | +30.07% | +43.82% | 10.76% | consolidated |
| Suzlon Energy | 4,876 | 394 | +25.96% | −69.19% | 8.08% | consolidated |
| The Indian Hotels | 2,484 | 380 | +21.73% | +19.35% | 15.29% | consolidated |
| Interglobe Aviation | 23,364 | −1,879 | +25.91% | – | −8.04% | consolidated |
Reliance reported the largest net profit of ₹29,550 crore. Indian Oil recorded the largest net profit change on a year earlier, which was 174.73% higher. Suzlon Energy reported a net profit change that was 69.19% lower than a year earlier.
Nifty Infrastructure companies still to report
| Company | Board meeting |
|---|---|
| APOLLOHOSP | Date not announced |
| Ashok Leyland | Date not announced |
| Bharat Forge | Date not announced |
| Bharti Airtel | 5 Nov 2026 |
| Cummins India | 4 Nov 2026 |
| Fortis Healthcare | 5 Nov 2026 |
| Grasim | 13 Nov 2026 |
| IRCTC | Date not announced |
| MOTHERSON | 5 Nov 2026 |
| NTPC | 31 Oct 2026 |
| Oil & Natural Gas | 5 Nov 2026 |
| POWERGRID | 1 Nov 2026 |
| Tata Power | 11 Nov 2026 |
There are 13 companies in the index that have not yet reported their results. Among those with scheduled dates, NTPC reports on 2026-10-31, POWERGRID on 2026-11-01, and Cummins India on 2026-11-04.
Nifty Infrastructure Q2 FY27 results: FAQs
How did Nifty Infrastructure companies do in Q2 FY27?
18 companies of the 31 in the Nifty Infrastructure index have reported Q2 FY27 results. Their combined net profit was ₹87,408 crore, 50.65% higher than a year earlier. Combined revenue was ₹11,31,113 crore, 27.50% higher than a year earlier. Only companies with both quarters are added.
Which Nifty Infrastructure company reported the largest net profit in Q2 FY27?
Reliance, with a net profit of ₹29,550 crore, 33.76% higher than a year earlier.
Which Nifty Infrastructure companies are yet to report Q2 FY27 results?
APOLLOHOSP, Ashok Leyland, Bharat Forge, Bharti Airtel, Cummins India, Fortis Healthcare, Grasim, IRCTC and 5 more. The table lists the board-meeting dates the companies have announced.
Results are the companies’ filings to the exchanges; board-meeting dates are from their notices. Calculations are by ThePip. For information only; not investment advice.